Welfare and Output in Third-Degree Price Discrimination: a Note

In this note I provide examples to show that, contrary to what is widely believed, when changing from an uniform price to a third-degree price discrimination situation, an improvement in welfare is possible with output reduction, if there is more than one firm.

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Year of publication:	2003-05
Authors:	Galera, Francisco ; Zaratiegui, Jesús M.
Institutions:	School of Economics and Business Administration, University of Navarra
Subject:	price discrimination \| imperfect competition \| welfare

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Extent:	application/pdf
Series:	Faculty Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published, International Journal of Industrial Organization, 2006, vol. 24(3): pp. 605-611 Number 07/03 10 pages pages
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; D60 - Welfare Economics. General ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005583126